111000101000100010011110
If you pay the dealer cash up-front, all your money goes to the dealer, if you involve a finance company or something, they get some of your money, so either the dealer gets less or you pay more. Better to pay the dealer direct me thinks, and ask for a cash discount.
"A shark on whiskey is mighty risky, but a shark on beer is a beer engineer" - Tad Ghostal
sem fiddy pilot
The dealer gets commission on the finance.Originally Posted by bogan
If you pay the dealer cash up-front, all your money goes to the dealer, if you involve a finance company or something, they get some of your money, so either the dealer gets less or you pay more. Better to pay the dealer direct me thinks, and ask for a cash discount
E.g you may be charged 10% interest... the dealer probably "buys" the finance for 8% interest. The dealer gets the sticker price
Member, sem fiddy appreciation society
Fair weather rider
So the bottom line is, I'll probably pay about the same either I finance or pay cash, and even if I save a few dollars by paying one way or another, it's not worth the headache figuring all these out?
sem fiddy pilot
At the end of the day....So the bottom line is, I'll probably pay about the same either I finance or pay cash, and even if I save a few dollars by paying one way or another, it's not worth the headache figuring all these out?
life is short, get the bike you want WHEN you want, and enjoy it!
Pics please!
Member, sem fiddy appreciation society
Fair weather rider
Sounds like a plan, I'm going to go worry about how I'm going to enjoy my bike instead now, thanks for the useful info!
Will have pics hopefully by the end of the week
could catch a monkey
Depends on the finance rate you can get.
IIRC, Honda are offering 0% for 2 years. You could chuck your money in an interest bearing term deposit for 2 years and pay the bike off at the end of it.
Of course, that's Honda. YMF may be offering a similar deal
BogOff-Cant you see I'm busy?
There are some great deals around at the moment; both on finance as well as for cash.
Find the best price you can get and then go to the dealer you want to service the bike and ask them to match the price.
You will normally get the best deals on bikes they already have in stock.
Regarding finance and cash, that's your call. I usually avoid finance unless it's really cheap however don't leave yourself skint.
PHEW.....JUST MADE IT............................. UP"
There are currently 1 users browsing this thread. (0 members and 1 guests)
Posting Permissions
Reply With Quote
Bookmarks